Political Uncertainty and Innovation in ChinaAnders C. Johansson, Stockholm School of EconomicsXunan Feng, Southwestern University of Finance and EconomicsDiscussant: Chuanchuan Zhang, Central University of Finance and Economics

Culture and the Economy: Clan, Entrepreneurship, and Development of thePrivate Sector in ChinaChuanchuan Zhang, Central University of Finance and EconomicsDiscussant: Xin Wang, Peking University

10:35 – 11:00 Tea/Coffee Break

11:00 – 12:20 Session 2

Session Chair: Philipp Boeing, Centre of European Economic Research (ZEW)

Hollowing Out the Middle Class: Trade Liberalization and Labor Market Polarization in ChinaMingzhi Xu, University of California, DavisDiscussant: Shengyu Li, Durham University

Ownership and Productivity in Vertically-Integrated Firms: Evidence from the Chinese Steel IndustryLoren Brandt, University of TorontoFeitao Jiang, Chinese Academy of Social SciencesYao Luo, University of TorontoYingjun Su, University of PittsburghDiscussant: Yu Sheng, Peking University

15:10 – 15:40 Tea/Coffee Break

15:40 – 17:00 Session 4

Session Chair: Xun Wang, Peking University

Fiscal Policy Volatility and Capital Misallocation: Evidence from ChinaSai Ding, University of GlasgowWei Jiang, Southwestern University of Finance and EconomicsShengyu Li, Durham University Business SchoolShangjin Wei, Columbia Business School, Columbia UniversityDiscussant: Anthony J. Howell, Peking University

Competitors, Complementors, Parents and Places: Explaining Regional Agglomeration in the U.S. Auto IndustryLuís Cabral, New York University & CEPRZhu Wang, Federal Reserve Bank of RichmondDaniel Yi Xu, Duke University & NBERDiscussant: Yatang Lin, London School of Economics

Technology Transfer and Domestic Innovation: Evidence from the High-Speed Rail Sector in ChinaYatang Lin, London School of EconomicsYu Qin, National University of SingaporeZhuan Xie, Peking UniversityDiscussant: Zhu Wang, Federal Reserve Bank of Richmond

Measuring Patent Quality based on ISR citations: Development of indices and application to Chinese firm-level dataPhilipp Boeing, Centre of European Economic Research (ZEW)Elisabeth Mueller, German Graduate School of Management and LawDiscussant: Xun Wang, Peking University

Trade and Innovation: The Role of Scale and Competition Effects Daniel Trefler, University of TorontoMiaojie Yu, Peking UniversityDiscussant: Philipp Boeing, Centre of European Economic Research (ZEW)